$STSR
Strategic Student & Senior Housing Trust Inc

2019 Q4 Form 10-K Financial Statement

#000156459021015794 Filed on March 26, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2018
Revenue $23.37M
YoY Change 540.12%
Cost Of Revenue $13.79M
YoY Change
Gross Profit $9.585M
YoY Change
Gross Profit Margin 41.01%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.898M
YoY Change 370.04%
% of Gross Profit 61.54%
Operating Expenses
YoY Change
Operating Profit -$8.189M
YoY Change 59.86%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$73.63K
YoY Change 803.93%
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$15.72M
YoY Change 122.6%
Net Earnings / Revenue -67.26%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q4 2018
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $7.511M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $273.1M
YoY Change 0.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $222.7M
YoY Change 4.61%
SHAREHOLDERS EQUITY
Retained Earnings -$41.84M
YoY Change 87.92%
Common Stock $93.61M
YoY Change 12.06%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $36.55M
YoY Change
Total Liabilities & Shareholders Equity $273.1M
YoY Change -1.76%

Cashflow Statement

Concept 2019 Q4 2018
OPERATING ACTIVITIES
Net Income -$15.72M
YoY Change 122.6%
Depreciation, Depletion And Amortization $5.898M
YoY Change 370.04%
Cash From Operating Activities $845.7K
YoY Change -165.76%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$172.8M
YoY Change 62.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $18.12M
YoY Change -76.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 172.8M
YoY Change 46.35%
NET CHANGE
Cash From Operating Activities 845.7K
Cash From Investing Activities -172.8M
Cash From Financing Activities 172.8M
Net Change In Cash 900.6K
YoY Change -91.32%
FREE CASH FLOW
Cash From Operating Activities $845.7K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
0
CY2020 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0
CY2019 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
0
CY2019 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2020 dei Document Annual Report
DocumentAnnualReport
true
CY2020 dei Document Transition Report
DocumentTransitionReport
false
CY2020 dei Entity File Number
EntityFileNumber
333-220646
CY2020 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
CY2020 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
81-4112948
CY2020 dei Entity Address Address Line1
EntityAddressAddressLine1
10 Terrace Road
CY2020 dei Entity Address City Or Town
EntityAddressCityOrTown
Ladera Ranch
CY2020 dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
CY2020 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
92694
CY2020 dei City Area Code
CityAreaCode
877
CY2020 dei Local Phone Number
LocalPhoneNumber
327-3485
CY2020 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2020 dei Entity Shell Company
EntityShellCompany
false
CY2020Q2 dei Entity Public Float
EntityPublicFloat
122000000
CY2019Q4 us-gaap Liabilities
Liabilities
222717798
CY2019Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
4723961
CY2019Q4 us-gaap Preferred Units Preferred Partners Capital Accounts
PreferredUnitsPreferredPartnersCapitalAccounts
10142303
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q4 us-gaap Land
Land
20688000
CY2019Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
232934499
CY2019Q4 us-gaap Land Improvements
LandImprovements
4259917
CY2019Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
10858329
CY2019Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
268740745
CY2019Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
15243833
CY2019Q4 ck1698538 Real Estate Investment Property Net Excluding Construction In Process
RealEstateInvestmentPropertyNetExcludingConstructionInProcess
253496912
CY2019Q4 us-gaap Development In Process
DevelopmentInProcess
198222
CY2019Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
253695134
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7511103
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
3555542
CY2019Q4 us-gaap Other Assets
OtherAssets
3870696
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4445932
CY2019Q4 us-gaap Assets
Assets
273078407
CY2019Q4 us-gaap Secured Debt
SecuredDebt
208418809
CY2019Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
4215397
CY2019Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
8118348
CY2019Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
1965244
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2020Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
97676432
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
93609304
CY2020Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
17199735
CY2019Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
15238571
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-58034575
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-41837130
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
22455201
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
36546259
CY2020Q4 us-gaap Partners Capital Attributable To Noncontrolling Interest
PartnersCapitalAttributableToNoncontrollingInterest
-1088547
CY2019Q4 us-gaap Partners Capital Attributable To Noncontrolling Interest
PartnersCapitalAttributableToNoncontrollingInterest
-1051914
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
21366654
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
35494345
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
259539727
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
273078407
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
23372722
CY2020 us-gaap Depreciation
Depreciation
8647065
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3819600
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7283174
CY2018 ck1698538 Asset Acquisition Related Costs Paid To Affiliates
AssetAcquisitionRelatedCostsPaidToAffiliates
154136
CY2018 ck1698538 Other Property Acquisition Expenses
OtherPropertyAcquisitionExpenses
323906
CY2020 us-gaap Costs And Expenses
CostsAndExpenses
39041465
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
-5495540
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
-7611454
CY2020 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
9801601
CY2019 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
10222569
CY2018 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
6685130
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
559183
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
728601
CY2018 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
773355
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
750574
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-15668
CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-73625
CY2020 us-gaap Profit Loss
ProfitLoss
-15105750
CY2019 us-gaap Profit Loss
ProfitLoss
-18578292
CY2018 us-gaap Profit Loss
ProfitLoss
-15720781
CY2020 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
1108852
CY2019 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
990617
CY2018 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
18282435
CY2018 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
317541
CY2020 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
15526
CY2019 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
46595
CY2018 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
30758
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-32683
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-42052
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-39347
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-19573452
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-16029733
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
60255483
CY2018 ck1698538 Increase Decrease To Additional Paid In Capital Stock Issued Issuance Cost
IncreaseDecreaseToAdditionalPaidInCapitalStockIssuedIssuanceCost
3556173
CY2018 us-gaap Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
-2371110
CY2018 us-gaap Dividends Common Stock
DividendsCommonStock
6601688
CY2018 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
15842
CY2018 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
2371110
CY2018 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
8
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9780
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-16029733
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-39347
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
52304923
CY2019 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
11715143
CY2019 ck1698538 Increase Decrease To Additional Paid In Capital Stock Issued Issuance Cost
IncreaseDecreaseToAdditionalPaidInCapitalStockIssuedIssuanceCost
2180377
CY2019 ck1698538 Reimbursement Of Offering Costs By Advisor
ReimbursementOfOfferingCostsByAdvisor
522080
CY2019 us-gaap Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
-2352621
CY2019 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
36
CY2019 us-gaap Dividends Common Stock
DividendsCommonStock
7256933
CY2019 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
15839
CY2019 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
2352621
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
3
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
20885
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-19573452
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-42052
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
35494345
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
35494345
CY2020 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
3313673
CY2020 ck1698538 Increase Decrease To Additional Paid In Capital Stock Issued Issuance Cost
IncreaseDecreaseToAdditionalPaidInCapitalStockIssuedIssuanceCost
614085
CY2020 ck1698538 Adjustments To Additional Paid In Capital Stock Issued Issuance Costs1
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts1
503373
CY2020 ck1698538 Reimbursement Of Offering Costs By Advisor
ReimbursementOfOfferingCostsByAdvisor
839548
CY2020 us-gaap Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
-626649
CY2020 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
4
CY2020 us-gaap Dividends Common Stock
DividendsCommonStock
1961164
CY2020 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
3
CY2020 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
3950
CY2020 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
626649
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
25043
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-16197445
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-32683
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
21366654
CY2020 us-gaap Profit Loss
ProfitLoss
-15105750
CY2019 us-gaap Profit Loss
ProfitLoss
-18578292
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
12466665
CY2018 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
773355
CY2019 us-gaap Restricted Stock Expense
RestrictedStockExpense
20885
CY2018 us-gaap Restricted Stock Expense
RestrictedStockExpense
9780
CY2019 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
226107
CY2018 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
811946
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-411357
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1082489
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1130893
CY2020 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
1904913
CY2019 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
3287971
CY2018 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
1538572
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-394226
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1689422
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
845687
CY2018 us-gaap Payments To Acquire Residential Real Estate
PaymentsToAcquireResidentialRealEstate
170123441
CY2020 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
1458034
CY2019 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
11415818
CY2018 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
1882767
CY2018 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
763834
CY2019 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
420243
CY2020 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
433040
CY2019 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
420243
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1024994
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11415818
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-172770042
CY2018 ck1698538 Proceeds From Non Revolving Mortgage Debt
ProceedsFromNonRevolvingMortgageDebt
110105000
CY2020 us-gaap Repayments Of Debt
RepaymentsOfDebt
3099934
CY2019 us-gaap Repayments Of Debt
RepaymentsOfDebt
4559580
CY2018 us-gaap Repayments Of Debt
RepaymentsOfDebt
12304891
CY2020 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
507064
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
480165
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
223018
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2242169
CY2018 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
10064950
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
3313673
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
11641271
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
18121903
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
265910
CY2019 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1569131
CY2018 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1919882
CY2020 ck1698538 Proceeds From Reimbursement Of Offering Costs By Advisor
ProceedsFromReimbursementOfOfferingCostsByAdvisor
245557
CY2019 ck1698538 Proceeds From Reimbursement Of Offering Costs By Advisor
ProceedsFromReimbursementOfOfferingCostsByAdvisor
496580
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
30392
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
273258
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1316247
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4837730
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4105267
CY2020 ck1698538 Payments Of Distribution To Unitholder In Operating Partnership
PaymentsOfDistributionToUnitholderInOperatingPartnership
3950
CY2019 ck1698538 Payments Of Distribution To Unitholder In Operating Partnership
PaymentsOfDistributionToUnitholderInOperatingPartnership
15839
CY2018 ck1698538 Payments Of Distribution To Unitholder In Operating Partnership
PaymentsOfDistributionToUnitholderInOperatingPartnership
14496
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-194432
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
9520430
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
172824968
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-1613652
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-205966
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
900613
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11066645
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11272611
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10371998
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9452993
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11066645
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11272611
CY2020 us-gaap Interest Paid
InterestPaid
9575395
CY2019 us-gaap Interest Paid
InterestPaid
10236148
CY2018 us-gaap Interest Paid
InterestPaid
6440337
CY2019 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
394240
CY2018 ck1698538 Non Cash Transactions Additions To Real Estate In Accounts Payable And Accrued Liabilities
NonCashTransactionsAdditionsToRealEstateInAccountsPayableAndAccruedLiabilities
1144210
CY2018 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
47333
CY2019 ck1698538 Non Cash Transactions Additions To Private Offering Costs Included In Accounts Payable And Accrued Liabilities
NonCashTransactionsAdditionsToPrivateOfferingCostsIncludedInAccountsPayableAndAccruedLiabilities
23720
CY2018 ck1698538 Non Cash Transactions Deposits Applied To Purchase Of Real Estate Facilities
NonCashTransactionsDepositsAppliedToPurchaseOfRealEstateFacilities
1000000
CY2018 ck1698538 Non Cash Transactions Deposits Applied To Debt Issuance Costs
NonCashTransactionsDepositsAppliedToDebtIssuanceCosts
123100
CY2018 ck1698538 Non Cash Transactions Acquisition Costs Included In Due To Affiliates
NonCashTransactionsAcquisitionCostsIncludedInDueToAffiliates
1980000
CY2020 ck1698538 Non Cash Transactions Additions To Real Estate In Accounts Payable And Accrued Liabilities
NonCashTransactionsAdditionsToRealEstateInAccountsPayableAndAccruedLiabilities
40642
CY2019 ck1698538 Non Cash Transactions Additions To Real Estate In Accounts Payable And Accrued Liabilities
NonCashTransactionsAdditionsToRealEstateInAccountsPayableAndAccruedLiabilities
291425
CY2019 ck1698538 Non Cash Transactions Proceeds From Issuance Of Common Stock Previously In Accounts Payable And Accrued Liabilities
NonCashTransactionsProceedsFromIssuanceOfCommonStockPreviouslyInAccountsPayableAndAccruedLiabilities
73900
CY2018 ck1698538 Non Cash Transactions Other Assets Included In Accounts Payable And Accrued Liabilities
NonCashTransactionsOtherAssetsIncludedInAccountsPayableAndAccruedLiabilities
67478
CY2020 ck1698538 Noncash Transactions Offering Costs Included In Accounts Payable And Accrued Liabilities Or Due To Affiliates
NoncashTransactionsOfferingCostsIncludedInAccountsPayableAndAccruedLiabilitiesOrDueToAffiliates
348172
CY2019 ck1698538 Noncash Transactions Offering Costs Included In Accounts Payable And Accrued Liabilities Or Due To Affiliates
NoncashTransactionsOfferingCostsIncludedInAccountsPayableAndAccruedLiabilitiesOrDueToAffiliates
810771
CY2018 ck1698538 Noncash Transactions Offering Costs Included In Accounts Payable And Accrued Liabilities Or Due To Affiliates
NoncashTransactionsOfferingCostsIncludedInAccountsPayableAndAccruedLiabilitiesOrDueToAffiliates
821523
CY2020 ck1698538 Noncash Transactions Adjustment To Offering Costs Included In Due To Affiliates
NoncashTransactionsAdjustmentToOfferingCostsIncludedInDueToAffiliates
-1097364
CY2018 ck1698538 Non Cash Transactions Preferred Equity Issuance In Operating Partnership
NonCashTransactionsPreferredEquityIssuanceInOperatingPartnership
100649
CY2020 ck1698538 Non Cash Transactions Distribution Payable
NonCashTransactionsDistributionPayable
1788727
CY2019 ck1698538 Non Cash Transactions Distribution Payable
NonCashTransactionsDistributionPayable
1646356
CY2018 ck1698538 Non Cash Transactions Distribution Payable
NonCashTransactionsDistributionPayable
908046
CY2019 ck1698538 Non Cash Transactions Redemption Of Common Stock Included In Accounts Payable And Accrued Liabilities
NonCashTransactionsRedemptionOfCommonStockIncludedInAccountsPayableAndAccruedLiabilities
30392
CY2018 ck1698538 Non Cash Transactions Redemption Of Common Stock Included In Accounts Payable And Accrued Liabilities
NonCashTransactionsRedemptionOfCommonStockIncludedInAccountsPayableAndAccruedLiabilities
15300
CY2020 ck1698538 Common Stock Issued For Dividend Re Investment Plan
CommonStockIssuedForDividendReInvestmentPlan
626649
CY2019 ck1698538 Common Stock Issued For Dividend Re Investment Plan
CommonStockIssuedForDividendReInvestmentPlan
2352621
CY2018 ck1698538 Common Stock Issued For Dividend Re Investment Plan
CommonStockIssuedForDividendReInvestmentPlan
2371110
CY2020 us-gaap Nature Of Operations
NatureOfOperations
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 1. Organization</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Strategic Student &amp; Senior Housing Trust, Inc., a Maryland corporation, was formed on October 4, 2016 under the Maryland General Corporation Law for the purpose of engaging in the business of investing in student housing and senior housing real estate investments. The Company’s year-end is December 31. As used in these consolidated financial statements, “we,” “us,” “our,” and “Company” refer to Strategic Student &amp; Senior Housing Trust, Inc. and each of our subsidiaries. </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.86%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Offering Related</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On October 4, 2016, our Advisor, as defined below, acquired 111.11 shares of our common stock for $1,000 and became our initial stockholder. On January 27, 2017, pursuant to a confidential private placement memorandum (the “Private Placement Memorandum”), we commenced a private offering of up to $100,000,000 in shares of our common stock (the “Primary Private Offering”) and 1,000,000 shares of common stock pursuant to our distribution reinvestment plan (collectively, the “Private Offering” and together with the Public Offering, the “Offerings”). The Private Offering required a minimum offering amount of $1,000,000. On August 4, 2017, we met such minimum offering requirement. Our Private Offering terminated on March 15, 2018. We raised offering proceeds of approximately $93 million from the issuance of approximately 10.8 million shares pursuant to the Private Offering.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="Background-color:#FFFFFF;">On May 1, 2018, our registration statement on Form S-11 (File No. 333-220646) (the “Registration Statement”) was declared effective by the Securities and Exchange Commission (“SEC”). The Registration Statement registered up to $1.0 billion in shares of common stock for sale to the public (the “Primary Offering”) consisting of three classes of shares — Class A shares, Class T shares, and Class W shares— and up to $95,000,000 in shares of common stock for sale pursuant to our distribution reinvestment plan (together with the Primary Offering, the “Public Offering”).</span> Concurrently with our Registration Statement being declared effective, we filed articles of amendment to our charter and articles supplementary to our charter. As a result, all shares issued in our Private Offering were redesignated as Class A shares and the authorized shares were reclassified among Class A shares and two new classes of shares, Class T shares and Class W shares. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="Background-color:#FFFFFF;">On June 21, 2019, we suspended the sale of Class A shares, Class T shares, and Class W shares in the Primary Offering and filed a post-effective amendment to our Registration Statement to register two new classes of shares (Class Y common stock and Class Z common stock) with the SEC. On July 10, 2019, the amendment to our Registration Statement was declared effective by the SEC.  Also on July 10, 2019, we filed articles supplementary to our charter which </span><span style="Background-color:#FFFFFF;color:#000000;">reclassified certain authorized and unissued shares of our common stock into Class Y shares and Class Z shares.  Effective as of July 10, 2019, we began offering Class Y shares (up to $700 million in shares) and Class Z shares (up to $300 million in shares) in our Primary Offering at a price of $9.30 per share and offered Class A shares, Class T shares, Class W shares, Class Y shares, and Class Z shares pursuant to our distribution reinvestment plan at a price of $9.30 per share. The Class Y shares and Class Z shares have similar voting rights and rights upon liquidation to the Class A shares, Class T shares, and Class W shares, although distributions are expected to differ because of the stockholder servicing fee associated with the Class Y shares and the dealer manager servicing fee associated with the Class Z shares.</span> <span style="margin-left:36pt;"/><span style="Background-color:#FFFFFF;">On March 30, 2020, our board of directors approved the suspension of the Primary Offering based upon various factors, including the uncertainty relating to the novel coronavirus (“COVID-19”) pandemic and its potential impact on us and our overall financial results.  Our board of directors also approved the suspension of our share redemption program (see Note 8 – Commitments and Contingencies for additional detail) and the suspension of distributions to our stockholders. </span>As of December 31, 2020, we had sold approximately 362,000 Class A shares, approximately 70,000 Class T shares, approximately 83,000 Class W shares, approximately 1.1 million Class Y shares, and approximately 165,000 Class Z shares for gross offering proceeds of approximately $17.1 million in our Primary Offering.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="Background-color:#FFFFFF;">On September 28, 2020, our board of directors, upon recommendation of our nominating and corporate governance committee, approved an estimated value per share of $6.08 for our Class A shares, Class T shares, Class W shares, Class Y shares, and Class Z shares based on the estimated value of our assets less the estimated value of our liabilities, or net asset value, divided by the number of shares outstanding on an adjusted fully diluted basis, calculated as of June 30, 2020. In addition, shares sold pursuant to our distribution reinvestment plan will be sold at $6.08 for all classes of shares; however, at this time our Primary Offering and distributions remain suspended.</span></p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As of December 31, 2020 we owned (i) two student housing properties, (ii) four senior housing properties, (iii) an approximately 2.6% beneficial interest in Reno Student Housing, DST, a Delaware Statutory Trust (DST) that owns a student housing property (“Reno Student Housing”), and (iv) an approximately 1.4% beneficial interest in Power 5 Conference Student Housing I, DST, a DST that owns two student housing properties (“Power 5 Conference Student Housing”). </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our operating partnership, SSSHT Operating Partnership, L.P., a Delaware limited partnership (our “Operating Partnership”), was formed on </span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">October 5, 2016</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">. On October 5, 2016, our Advisor </span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">acquired</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> a limited partnership interest in our Operating Partnership for $</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,000</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> (</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">111.11</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> partnership units) and we contribute</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">d</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> the initial $</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1,000</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> capital contribution to our Operating Partnership in exchange for the general partner interest. In addition, on September 28, 2017, our Advisor acquired additional limited partnership interests (</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">25,447.57</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> partnership units) in our Operating Partnership for $</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">199,000</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">, resulting in total capital contributions of $</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">200,000</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> by our Advisor in our Operating Partnership. Our Operating Partnership owns, directly or indirectly through one or more special purpose entities, all of the student housing and senior housing proper</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">ties that we acquire. As of December 31</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">, 2020</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">, we owned approximately </span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">99.8</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">% of the common units of limited partnership interest of our Operating Partnership. The remaining approximately</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.2</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">% of the common units are ow</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">n</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">ed by our Advisor. We will conduct certain activities directly or indirectly through our taxable REIT subsidiary, SSSHT TRS, Inc., a Delaware corporation (the “TRS”) which was formed on October 6, 2016, and is a wholly owned subsidiary of our</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> Operating Partnership. See</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> Note </span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> – Preferred Equity in our Operating Partnership</span><span style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">.  </span></p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Other Corporate History</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SmartStop Asset Management, LLC, a Delaware limited liability company organized in 2013 (our “Sponsor”), is the sponsor of our Public Offering. Our Sponsor provides real estate advisory, asset management, and property management services. In June 2019, our Sponsor entered into a series of transactions with SmartStop Self Storage REIT, Inc. (f/k/a Strategic Storage Trust II, Inc.) (“SmartStop”) in which SmartStop acquired the self storage advisory, asset management, property management, investment management, and certain joint venture interests of our Sponsor. As a result of the transactions, our Sponsor and its subsidiaries own limited partnership units in the operating partnership of SmartStop, and our Sponsor is now focused primarily on student and senior housing. Our Sponsor owns 97.5% of the economic interests (and 100% of the voting membership interests) of our Advisor and owns 100% of our Property Manager, each as defined below. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We have no employees. Our advisor is SSSHT Advisor, LLC, a Delaware limited liability company (our “Advisor”) which was formed on October 3, 2016. The majority of the officers of our Advisor are also officers of us and our Sponsor. Our Advisor is responsible for managing our affairs on a day-to-day basis and identifying and making acquisitions and investments on our behalf under the terms of the Advisory Agreement, as defined elsewhere herein.   Please see Note 7 – Related Party Transactions for additional detail. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SSSHT Property Management, LLC, a Delaware limited liability company (our “Property Manager”), was formed on October 3, 2016. Our Property Manager derives substantially all of its income from the property management oversight services it performs for us. We expect that we will enter into property management agreements directly with third party property managers and that our Property Manager will provide oversight services with respect to such third party property managers. Please see Note 7 – Related Party Transactions for additional detail. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our student housing properties are managed by a third-party student housing property manager. Our senior housing properties are managed by third-party senior living operators. Please see Note 8 – Commitments and Contingencies for additional detail. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our dealer manager was Select Capital Corporation, a California corporation (our “Former Dealer Manager”). On April 17, 2020, in accordance with provisions of the Dealer Manager Agreement, we provided a 60-day termination notice to our Former Dealer Manager and p<span style="Background-color:#FFFFFF;color:#000000;">ursuant to such notice, the Dealer Manager Agreement was terminated on June 16, 2020</span>. Our Former Dealer Manager was responsible for marketing our shares offered pursuant to our offerings. Our Sponsor owns, through a wholly-owned limited liability company, a 15% non-voting equity interest in our Former Dealer Manager. Affiliates of our Former Dealer Manager own a 2.5% non-voting membership interest in our Advisor, which they acquired on January 1, 2018. Please see Note 7 – Related Party Transactions for additional detail. </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our Sponsor owns 100% of the membership interests of Strategic Transfer Agent Services, LLC, our transfer agent (our “Transfer Agent”). Our Transfer Agent provides transfer agent and registrar services to us that are substantially similar to what a third party transfer agent would provide in the ordinary course of performing its functions as a transfer agent. Please see Note 7 – Related Party Transactions for additional detail. Prior to May 1, 2018, our Advisor provided services on our behalf similar to those provided by our Transfer Agent.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As we accept subscriptions for shares of our common stock, we transfer all of the net offering proceeds to our Operating Partnership as capital contributions in exchange for additional limited partnership units in our Operating Partnership. However, we will be deemed to have made capital contributions in the amount of gross proceeds received from investors, and our Operating Partnership will be deemed to have simultaneously paid the sales commissions and other costs associated with the Offering. In addition, our Operating Partnership is structured to make distributions with respect to limited partnership units that are equivalent to the distributions we make to stockholders. Finally, a limited partner in our Operating Partnership may later exchange his or her limited partnership units in our Operating Partnership for shares of our common stock at any time after one year following the date of issuance of their limited partnership units, subject to certain restrictions outlined in the limited partnership agreement of our Operating Partnership (the “Operating Partnership Agreement”). Our Advisor is prohibited from exchanging or otherwise transferring its limited partnership units so long as it is acting as our Advisor pursuant to our Advisory Agreement. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">COVID-19</p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The glob<span style="color:#000000;">al economy has continued to be adversely impacted by the COVID-19 pandemic, including in the United States and in the markets in which we operate. </span>For the year ended December 31, 2020, we have experienced lower occupancy at our senior housing properties and reduced rent payment collections at our student housing properties, which have adversely impacted our leasing and related revenues.  Additionally, we have incurred incremental expenses related to COVID-19, including enhanced sanitization, acquisition of personal protective equipment, and hero pay (additional labor costs for certain employees) at our senior housing properties. <span style="color:#000000;">The extent and duration to which our operations, cash flows, financial condition and liquidity will be impacted is highly uncertain and cannot be predicted.</span></p>
CY2020 dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
2016-10-04
CY2020 ck1698538 Number Of Student Housing Properties
NumberOfStudentHousingProperties
2
CY2020 ck1698538 Number Of Senior Housing Properties
NumberOfSeniorHousingProperties
4
CY2020Q4 ck1698538 Number Of Employees
NumberOfEmployees
0
CY2020 ck1698538 Dealer Manager Agreement Termination Notice Period
DealerManagerAgreementTerminationNoticePeriod
P60D
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-bottom:0pt;margin-top:18pt;margin-left:4.86%;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. The current economic environment has increased the degree of uncertainty inherent in these estimates and assumptions. Management will adjust such estimates when facts and circumstances dictate. Actual results could materially differ from those estimates. The most significant estimates made include the allocation of property purchase price to tangible and intangible assets acquired and liabilities assumed at relative fair value, the determination if certain entities should be consolidated, the evaluation of potential impairment of long-lived assets, and the estimated useful lives of real estate assets and intangibles. </p>
CY2020 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
CY2019 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
CY2020 ck1698538 Lease Cancellation Notice Period
LeaseCancellationNoticePeriod
P30D
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
600000
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1700000
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1800000
CY2020Q4 ck1698538 Maximum Offering Costs As Percentage Of Gross Offering Proceeds
MaximumOfferingCostsAsPercentageOfGrossOfferingProceeds
0.010
CY2020 ck1698538 Maximum Period For Reimbursement Of Offering Cost
MaximumPeriodForReimbursementOfOfferingCost
P60D
CY2019Q4 ck1698538 Deferred Tax Liabilities Depreciation And Other Temporary Book To Tax Differences
DeferredTaxLiabilitiesDepreciationAndOtherTemporaryBookToTaxDifferences
300000
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
2100000
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1000000.0
CY2019Q2 ck1698538 Common Stock One Time Dividend Issued Day Month And Year
CommonStockOneTimeDividendIssuedDayMonthAndYear
2019-07-10
CY2020 ck1698538 Minimum Percentage Of Ordinary Taxable Income To Be Distributed To Stockholders
MinimumPercentageOfOrdinaryTaxableIncomeToBeDistributedToStockholders
0.90
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
2400000
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1300000
CY2020Q4 ck1698538 Deferred Tax Liabilities Depreciation And Other Temporary Book To Tax Differences
DeferredTaxLiabilitiesDepreciationAndOtherTemporaryBookToTaxDifferences
300000
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
750574
CY2019 us-gaap Affiliate Costs
AffiliateCosts
2774621
CY2019 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
8090701
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
15243833
CY2020 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
8647065
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
23890898
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1508517
CY2018Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
256042603
CY2019Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
268740745
CY2020Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
270002163
CY2018Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
7153132
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2328994
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-15668
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1724792
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1802675
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
206839694
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
208418809
CY2020 us-gaap Cost Of Revenue
CostOfRevenue
22233486
CY2019 us-gaap Cost Of Revenue
CostOfRevenue
20906025
CY2020 ck1698538 Operating Income Loss By Segment
OperatingIncomeLossBySegment
11312439
CY2019 ck1698538 Operating Income Loss By Segment
OperatingIncomeLossBySegment
12866036
CY2020 us-gaap Affiliate Costs
AffiliateCosts
2832797
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1066104
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
46037946
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1034276
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
54700812
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1780923
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
103944425
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
208564486
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1724792
CY2020Q4 us-gaap Secured Debt
SecuredDebt
206839694
CY2020 ck1698538 Preferred Units Distribution Description
PreferredUnitsDistributionDescription
The holders of Preferred Units accrue distributions at a rate of 9.0% per annum (the “Pay Rate”), payable monthly and calculated on an actual/360 day basis. Accumulated but unpaid distributions, if any, accrue at the Pay Rate. The preferred units of limited partnership interests in our Operating Partnership rank senior to all classes or series of partnership interests in our Operating Partnership and therefore, any cash we have to pay distributions otherwise may be used to pay distributions to the holder of such preferred units first.
CY2020 ck1698538 Preferred Units Distribution Description Rate
PreferredUnitsDistributionDescriptionRate
0.090
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2020 us-gaap Depreciation
Depreciation
8647065
CY2019 us-gaap Depreciation
Depreciation
8090701
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3819600
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7283174
CY2020 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
9801601
CY2019 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
10222569
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
559183
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
728601
CY2020 us-gaap Profit Loss
ProfitLoss
-15105750
CY2019 us-gaap Profit Loss
ProfitLoss
-18578292
CY2018 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
5898283
CY2020 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
3742760
CY2020 ck1698538 Related Party Transaction Cash Paid
RelatedPartyTransactionCashPaid
1720311
CY2020 ck1698538 Related Party Transaction Adjustment
RelatedPartyTransactionAdjustment
-1097364
CY2020Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
9043433
CY2019Q4 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Amount
SharesSubjectToMandatoryRedemptionSettlementTermsAmount
288000
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
14687722
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
20688000
CY2019Q4 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Number Of Shares
SharesSubjectToMandatoryRedemptionSettlementTermsNumberOfShares
37000
CY2020Q4 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Amount
SharesSubjectToMandatoryRedemptionSettlementTermsAmount
310000
CY2020Q4 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Number Of Shares
SharesSubjectToMandatoryRedemptionSettlementTermsNumberOfShares
37500
CY2020Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
163105000
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
20688000
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
234626441
CY2020Q4 ck1698538 Real Estate Initial At Carrying Value
RealEstateInitialAtCarryingValue
255314441
CY2020Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
249314163
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
270002163
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
23890898
CY2020Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
295533967
CY2019Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
268740745
CY2018Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
256042603
CY2017Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
98258516
CY2018 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
157090441
CY2020Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
270002163
CY2020Q4 us-gaap Assets
Assets
259539727
CY2019Q4 us-gaap Assets
Assets
273078407
CY2020Q2 ck1698538 Dealer Manager Agreement Termination Notice Period
DealerManagerAgreementTerminationNoticePeriod
P60D
CY2020Q2 ck1698538 Dealer Manager Agreement Termination Date
DealerManagerAgreementTerminationDate
2020-06-16
CY2020Q4 ck1698538 Acquisition Fee As Percentage Of Contract Purchase Price
AcquisitionFeeAsPercentageOfContractPurchasePrice
0.02
CY2020 ck1698538 Advisory Agreement Asset Management Fee Percentage
AdvisoryAgreementAssetManagementFeePercentage
0.0005417
CY2020 ck1698538 Monthly Assets Management Fees One Twelfth Of Less Than One Percentage Of Assets Value Exceed Specific Value
MonthlyAssetsManagementFeesOneTwelfthOfLessThanOnePercentageOfAssetsValueExceedSpecificValue
one twelfth of 0.65%
CY2020Q2 ck1698538 Dealer Manager Agreement Termination Notice Period
DealerManagerAgreementTerminationNoticePeriod
P60D
CY2020Q2 ck1698538 Dealer Manager Agreement Termination Date
DealerManagerAgreementTerminationDate
2020-06-16
CY2019 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
5385178
CY2019 ck1698538 Related Party Transaction Cash Paid
RelatedPartyTransactionCashPaid
1504496
CY2019Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
8118348
CY2019Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
268740745
CY2018Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
256042603
CY2019Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
15243833
CY2018Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
7153132
CY2017Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1254849
CY2020 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
8647065
CY2019 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
8090701
CY2020Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
23890898
CY2019Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
15243833
CY2018Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
7153132
CY2019Q4 us-gaap Development In Process
DevelopmentInProcess
198222
CY2018Q4 us-gaap Development In Process
DevelopmentInProcess
2333331
CY2017Q4 us-gaap Development In Process
DevelopmentInProcess
0
CY2020 ck1698538 Development In Process Additions
DevelopmentInProcessAdditions
1166609
CY2019 ck1698538 Development In Process Additions
DevelopmentInProcessAdditions
10563033
CY2018 ck1698538 Development In Process Additions
DevelopmentInProcessAdditions
3026977
CY2020 ck1698538 Development In Process Assets Placed Into Service
DevelopmentInProcessAssetsPlacedIntoService
1261418
CY2019 ck1698538 Development In Process Assets Placed Into Service
DevelopmentInProcessAssetsPlacedIntoService
12698142
CY2018 ck1698538 Development In Process Assets Placed Into Service
DevelopmentInProcessAssetsPlacedIntoService
693646
CY2020Q4 us-gaap Development In Process
DevelopmentInProcess
103413
CY2019Q4 us-gaap Development In Process
DevelopmentInProcess
198222
CY2018Q4 us-gaap Development In Process
DevelopmentInProcess
2333331
CY2020Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
246214678
CY2019Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
253695134
CY2018Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
251222802

Files In Submission

Name View Source Status
0001564590-21-015794-index-headers.html Edgar Link pending
0001564590-21-015794-index.html Edgar Link pending
0001564590-21-015794.txt Edgar Link pending
0001564590-21-015794-xbrl.zip Edgar Link pending
ck1698538-10k_20201231.htm Edgar Link pending
ck1698538-10k_20201231_htm.xml Edgar Link completed
ck1698538-20201231.xsd Edgar Link pending
ck1698538-20201231_cal.xml Edgar Link unprocessable
ck1698538-20201231_def.xml Edgar Link unprocessable
ck1698538-20201231_lab.xml Edgar Link unprocessable
ck1698538-20201231_pre.xml Edgar Link unprocessable
ck1698538-ex311_8.htm Edgar Link pending
ck1698538-ex312_9.htm Edgar Link pending
ck1698538-ex321_7.htm Edgar Link pending
ck1698538-ex322_6.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gmpdw5nnrvxr000001.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending